18 Sep 2008, 11:29pm
rumblings
by valerie

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Crisis ripples

An hour ago, I was sitting in the living room with my sister and limin watching the latest mandarin newscast. What a serious week or past weeks it has been.

US - Financial crisis in Wall Street. Lehman Brothers filed for bankruptcy. Merrill Lynch being bought by Bank of America. These are big banks. Just a flicker in stability can change the world’s economy.

Malaysia & Thailand - Political instability. Malaysian’s politics just gets more colourful with each day as the politicians try to outdo each other. Thailand is getting rowdier by the day.

China - Milk powder contamination. Harmful chemicals were found in some infant milk products as well as other diary products like ice-cream.

 
 
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